PRECIOUS METALS

Now is the time to invest in gold equities, says Yamana chair

Yamana Gold recently joined the ranks of 1Moz per year gold producers and the company seems to be revelling in all that this entails. The company is having a notable 2021, with profits up, dividends increasing, a refinancing of US$500 million in debt, an expansion underway at Jacobina in Brazil and at Odyssey in Quebec, Canada and the acquisition and subsequent mine development decision for the Wasamac deposit in Quebec. The company is so much more than it was just a year ago yet its share price is 30.35% lower while the gold price is down about 15%.